Despite being called “digital gold,” Bitcoin is far less safe-haven than physical gold in the current market environment.All eyes are now on gold, the ultimate safe-haven asset. The price of gold just reached an all-time high of $3,000 per
Under CZ's continuous shouting, the meme craze on the BSC chain continues, and golden dogs emerge in endlessly.In the past weekend, the transaction volume on the BSC chain has exceeded Solana. The memes on Base and Sol have died down, and t
Crypto markets are weighed down by a combination of macroeconomic headwinds and industry-specific challenges, with volatility once again on the rise.Bitcoin remains largely uncorrelated with traditional assets such as gold and the S&P 5
Bitcoin, also known as BitGold, is a form of currency proposed by Satoshi Nakamoto in 2008. It is an electronic currency generated by open source P2P software. Bitcoin is a network virtual currency that can be used to cash out, and its cred
On the whole, if the stock market crash is similar to historical trends, gold may become the ultimate safe-haven asset, and Bitcoin's market positioning will be severely challenged.The Nasdaq index has fallen 12% so far. If this adjustment
Exchange-traded funds (better known as ETFs) are similar to mutual funds in many ways. They typically track the price of an asset (like gold) or a basket of assets (like the S&P 500). As the name implies, they are traded on an exchange
Some of the world’s largest banks and fintech firms are racing to launch their own stablecoins, aiming to capture a cross-border payments market they expect to be redrawn by cryptocurrencies.Last month, Bank of America Corp. said it was wil
The various crypto tokens seem to revolve around one big golden coin.Technically, “token” is just another word for “cryptocurrency” or “crypto asset.” However, it’s increasingly taking on several more specific meanings, depending on the con
Learn how inflation affects the cryptocurrency market, from Bitcoin’s role as “digital gold” to central bank policy.Inflation erodes the value of fiat currencies, prompting some investors to seek alternative stores of value such as gold, re
On-chain data shows that most altcoins, led by Ethereum and XRP, have achieved network growth as Bitcoin traders capitulate.The cryptocurrency market, led by Bitcoin, is trying to mimic the price action of gold, which has been in the price